High-speed train project to receive at least $731 million in federal funds

According to the U.S. Department of Transportation, $715 million will help pay for a section of the planned bullet train in the Central Valley. An additional $16 million is earmarked for the high-speed rail corridor between San Francisco and San Jose.

The California high-speed train project will receive at least $731 million from a $902-million grant the federal government awarded on Monday for rail improvements across the state.